News

FHA Proposes Increases in Loan Limits for Title I Manufactured Home Loans In Mid-October, the U.S. Department of Housing and Urban Development announced that the FHA is proposing a new rule to increase and index the loan limits for its Title I Manufactured Home Loan Program which insures loans used to finance manufactured homes titled […]

Builder Confidence Down as Housing Market Continues to Weaken CNBC’s Diana Olick says that for the 10th straight month, the National Association of Home Builders (NAHB) has reported that builder confidence was down as the housing market continues to weaken.  According to the NAHB/Wells Fargo Housing Market Index, builder confidence dropped 8 points in October

Foreclosure Activity Continues to Increase According to ATTOM Data’s Q3 2022 U.S. Foreclosure Market Report, showing there were 92,634 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions).  This figure was up 3% from Q2 and up 104% from one year ago.  In addition, ATTOM says lenders repossessed 10,515 U.S. properties (REO)

Jobs Report Whiplash, Rent Payment Delays and Millennials Dating Debt On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what the job market says about rate hikes, where renters need to “catch up” on their rent, and why dating has become somewhat of a financial burden for millennials. “…15% of renter

Stock of Occupied Homes in the U.S. by Decade Built and Building Type A recent “chart of the week” from the Mortgage Bankers Association illustrates the current stock of occupied homes in the U.S. by the decade built and by building type.  Basically, it shows that America’s housing stock is steadily aging with the median

Mortgage Interest Rates & Purchasing Power Recently, the news has been full of headlines about rising interest rates and how they will affect potential home buyers.  The folks over at Keeping Current Matters reminds us that rising rates impact purchasing power by raising the buying costs as well as limiting how much a buyer can

Pumped for Halloween With “All Hallows’ Eve” and its subsequent candy begging quickly approaching, a recent graphic from the U.S. Census Bureau shows us places & population across the nation with sweet-sounding names.  Stay safe and have a Happy Friday! Hat tip to the U.S. Census Bureau.   The post Pumped for Halloween appeared first

WRES Fundamentals – Meet Our Keynote Speaker From the crypto capital Miami with love! In #October we are setting ourselves for an epic meta journey with our Web3 and Real Estate Summit! Fasten your seatbelt and get ready to dive deeper into the metaverse, blockchain, and digital assets on October 27 – 28th in Miami./

CoreLogic’s HPI Says Home Prices Up 13.5% in August According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 13.5% in August 2022. On a month-over-month basis, home prices declined by 0.7% in August compared with July 2022.  CoreLogic predicts that home prices will

Watch Your Words Watch Your Words by M. Jane Garvey “Whether you think you can, or you can’t, either way you are right.” Henry Ford It is no secret that attitude can be everything in making things happen. Believing that we can achieve our dreams is one of the most surefire predictors of whether we